Note 7 - Loans (Tables)

6 Months Ended

Jun. 30, 2013

Note 7 - Loans (Tables) [Line Items]

	June 30, 2013			December 31, 2012
	(In thousands)
Type of Loans:
Commercial loans	$	2,210,761		$	2,127,107
Residential mortgage loans		1,224,692			1,146,230
Commercial mortgage loans		3,909,559			3,768,452
Equity lines		182,855			193,852
Real estate construction loans		153,663			180,950
Installment and other loans		12,843			12,556
Gross loans		7,694,373			7,429,147
Less:
Allowance for loan losses		(179,733	)		(183,322	)
Unamortized deferred loan fees		(11,685	)		(10,238	)
Total loans, net	$	7,502,955		$	7,235,587

Impaired Financing Receivables [Table Text Block]

	Impaired Loans
	Average Recorded Investment								Interest Income Recognized
	For the three months ended June 30,				For the six months ended June 30,				For the three months ended June 30,				For the six months ended June 30,
	2013		2012		2013		2012		2013		2012		2013		2012
	(In thousands)
Commercial loans	$	20,196	$	29,970	$	21,156	$	37,556	$	89	$	32	$	200	$	62
Real estate construction loans		40,108		45,775		41,082		56,115		66		111		132		221
Commercial mortgage loans		141,285		179,835		151,713		182,351		1,501		1,849		2,863		3,115
Residential mortgage and equity lines		18,050		19,177		17,924		18,446		107		38		215		76
Total	$	219,639	$	274,757	$	231,875	$	294,468	$	1,763	$	2,030	$	3,410	$	3,474

	Impaired Loans
	June 30, 2013						December 31, 2012
	Unpaid Principal Balance		Recorded Investment		Allowance		Unpaid Principal Balance		Recorded Investment		Allowance
	(In thousands)
With no allocated allowance
Commercial loans	$	17,027	$	13,335	$	-	$	29,359	$	18,963	$	-
Real estate construction loans		28,983		16,652		-		9,304		7,277		-
Commercial mortgage loans		134,815		105,193		-		189,871		152,957		-
Residential mortgage and equity lines		3,624		3,615		-		4,303		4,229		-
Subtotal	$	184,449	$	138,795	$	-	$	232,837	$	183,426	$	-
With allocated allowance
Commercial loans	$	11,602	$	6,928	$	1,568	$	7,804	$	4,959	$	1,467
Real estate construction loans		27,789		18,636		4,995		54,718		34,856		8,158
Commercial mortgage loans		36,808		32,777		5,342		14,163		12,928		1,336
Residential mortgage and equity lines		15,948		13,941		874		14,264		12,428		1,222
Subtotal	$	92,147	$	72,282	$	12,779	$	90,949	$	65,171	$	12,183
Total impaired loans	$	276,596	$	211,077	$	12,779	$	323,786	$	248,597	$	12,183

Past Due Financing Receivables [Table Text Block]

	June 30, 2013
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Non-accrual Loans		Total Past Due		Loans Not Past Due		Total
Type of Loans:	(In thousands)
Commercial loans	$	7,644	$	9,882	$	-	$	14,029	$	31,555	$	2,179,206	$	2,210,761
Real estate construction loans		-		-		-		29,454		29,454		124,209		153,663
Commercial mortgage loans		24,860		4,094		-		41,860		70,814		3,838,745		3,909,559
Residential mortgage loans		1,699		1,315		-		10,270		13,284		1,394,263		1,407,547
Installment and other loans		-		-		-		-		-		12,843		12,843
Total loans	$	34,203	$	15,291	$	-	$	95,613	$	145,107	$	7,549,266	$	7,694,373

	December 31, 2012
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Non-accrual Loans		Total Past Due		Loans Not Past Due		Total
Type of Loans:	(In thousands)
Commercial loans	$	16,832	$	1,610	$	630	$	19,958	$	39,030	$	2,088,077	$	2,127,107
Real estate construction loans		-		1,471		-		36,299		37,770		143,180		180,950
Commercial mortgage loans		21,570		3,627		-		35,704		60,901		3,707,551		3,768,452
Residential mortgage loans		5,324		1,972		-		11,941		19,237		1,320,845		1,340,082
Installment and other loans		-		-		-		-		-		12,556		12,556
Total loans	$	43,726	$	8,680	$	630	$	103,902	$	156,938	$	7,272,209	$	7,429,147

	Six months ended June 30, 2013								June 30, 2013
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		4		4,006		4,006	$	-	$	55
Commercial mortgage loans		2		1,175		1,175		-		9
Residential mortgage and equity lines		10		3,459		3,381		78		155
Total		16	$	8,640	$	8,562	$	78	$	219

	Six months ended June 30, 2012								June 30, 2012
	No. of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserve
	(Dollars in thousands)
Commercial loans		5	$	1,988	$	1,988	$	-	$	60
Commercial mortgage loans		12		44,619		40,940		3,679		-
Residential mortgage and equity lines		3		1,802		1,802		-		14
Total		20	$	48,409	$	44,730	$	3,679	$	74

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	June 30, 2013
Accruing TDRs	Principal Deferral		Rate Reduction		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	473	$	2,969	$	2,793	$	6,235
Real estate construction loans		-		-		5,834		5,834
Commercial mortgage loans		12,800		16,143		67,166		96,109
Residential mortgage loans		1,998		1,602		3,686		7,286
Total accruing TDRs	$	15,271	$	20,714	$	79,479	$	115,464

	December 31, 2012
Accruing TDRs	Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	531	$	3,020	$	-	$	413	$	3,964
Real estate construction loans		-		-		-		5,834		5,834
Commercial mortgage loans		27,003		16,656		739		85,783		130,181
Residential mortgage loans		1,461		1,024		-		2,231		4,716
Total accruing TDRs	$	28,995	$	20,700	$	739	$	94,261	$	144,695

	June 30, 2013
Non-accrual TDRs	Interest Deferral		Principal Deferral		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	-	$	2,330	$	1,433	$	-	$	3,763
Real estate construction loans		-		16,388		-		9,375		25,763
Commercial mortgage loans		1,514		1,840		-		11,869		15,223
Residential mortgage loans		258		2,483		-		1,034		3,775
Total non-accrual TDRs	$	1,772	$	23,041	$	1,433	$	22,278	$	48,524

	December 31, 2012
Non-accrual TDRs	Interest Deferral		Principal Deferral		Rate Reduction		Rate Reduction and Forgiveness of Principal		Rate Reduction and Payment Deferral		Total
	(In thousands)
Commercial loans	$	-	$	912	$	-	$	1,518	$	-	$	2,430
Real estate construction loans		-		16,767		9,579		-		-		26,346
Commercial mortgage loans		1,685		2,817		5,746		-		5,076		15,324
Residential mortgage loans		275		2,010		586		-		760		3,631
Total non-accrual TDRs	$	1,960	$	22,506	$	15,911	$	1,518	$	5,836	$	47,731

Activity Within The Troubled Debt Resturings [Table Text Block]

	Three months ended June 30,						Six months ended June 30,
Accruing TDRs	2013			2012			2013			2012
	(In thousands)
Beginning balance	$	130,215		$	143,233		$	144,695		$	120,016
New restructurings		-			17,047			4,816			38,759
Restructured loans restored to accrual status		824			-			1,454			2,853
Charge-offs		(78	)		-			(78	)		-
Payments		(15,497	)		(1,207	)		(33,389	)		(2,555	)
Restructured loans placed on nonaccrual		-			(5,824	)		(2,034	)		(5,824	)
Ending balance	$	115,464		$	153,249		$	115,464		$	153,249

	Three months ended June 30,						Six months ended June 30,
Non-accrual TDRs	2013			2012			2013			2012
	(In thousands)
Beginning balance	$	49,878		$	21,543		$	47,731		$	50,870
New restructurings		1,686			733			3,748			5,971
Restructured loans placed on nonaccrual		-			5,824			2,034			5,824
Charge-offs		(254	)		(267	)		(933	)		(4,285	)
Payments		(1,962	)		(4,548	)		(2,602	)		(32,242	)
Restructured loans restored to accrual status		(824	)		-			(1,454	)		(2,853	)
Ending balance	$	48,524		$	23,285		$	48,524		$	23,285

Financing Receivable Credit Quality Indicators [Table Text Block]

	June 30, 2013
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Commercial loans	$	2,015,694	$	100,317	$	90,936	$	3,814	$	2,210,761
Real estate construction loans		115,033		-		36,382		2,248		153,663
Commercial mortgage loans		3,495,985		150,281		263,052		241		3,909,559
Residential mortgage and equity lines		1,392,746		708		13,976		117		1,407,547
Installment and other loans		12,843		-		-		-		12,843
Total gross loans	$	7,032,301	$	251,306	$	404,346	$	6,420	$	7,694,373

	December 31, 2012
	Pass/Watch		Special Mention		Substandard		Doubtful		Total
	(In thousands)
Commercial loans	$	1,944,989	$	76,776	$	94,077	$	11,265	$	2,127,107
Real estate construction loans		109,269		18,000		45,171		8,510		180,950
Commercial mortgage loans		3,344,783		162,455		261,214		-		3,768,452
Residential mortgage and equity lines		1,322,768		816		16,084		414		1,340,082
Installment and other loans		12,556		-		-		-		12,556
Total gross loans	$	6,734,365	$	258,047	$	416,546	$	20,189	$	7,429,147

Allowance for Credit Losses on Financing Receivables [Table Text Block]

Three months ended June 30, 2013 and 2012
	Commercial Loans			Real Estate Construction Loans			Commercial Mortgage Loans			Residential Mortgage and Equity Line			Installment and Other Loans			Total
	(In thousands)
March 31, 2012 Ending Balance		60,404			17,992			106,175			10,122			50			194,743
Provision/(credit) for possible credit losses		8,171			(2,972	)		(10,906	)		671			6			(5,030	)
Charge-offs		(2,133	)		(251	)		(1,458	)		(550	)		-			(4,392	)
Recoveries		153			1,591			5,198			11			-			6,953
Net (charge-offs)/recoveries		(1,980	)		1,340			3,740			(539	)		-			2,561
June 30, 2012 Ending Balance	$	66,595		$	16,360		$	99,009		$	10,254		$	56		$	192,274
March 31, 2013 Ending Balance	$	61,056		$	20,697		$	84,816		$	12,091		$	32		$	178,692
Provision/(credit) for possible credit losses		4,389			(7,883	)		3,677			(67	)		(14	)		102
Charge-off		(1,690	)		-			(2,041	)		(196	)		-			(3,927	)
Recoveries		624			941			3,226			64			11			4,866
Net (charge-offs)/recoveries		(1,066	)		941			1,185			(132	)		11			939
June 30, 2013 Ending Balance	$	64,379		$	13,755		$	89,678		$	11,892		$	29		$	179,733

Six months ended June 30, 2013 and 2012
	Commercial Loans			Real Estate Construction Loans			Commercial Mortgage Loans			Residential Mortgage and Equity Line			Installment and Other Loans			Total
	(In thousands)
2012 Beginning Balance	$	65,658		$	21,749		$	108,021		$	10,795		$	57		$	206,280
Provision/(credit) for possible credit losses		7,130			(9,411	)		(6,587	)		410			21			(8,437	)
Charge-offs		(7,092	)		(1,126	)		(9,681	)		(1,328	)		(25	)		(19,252	)
Recoveries		899			5,148			7,256			377			3			13,683
Net (charge-offs)/recoveries		(6,193	)		4,022			(2,425	)		(951	)		(22	)		(5,569	)
June 30, 2012 Ending Balance	$	66,595		$	16,360		$	99,009		$	10,254		$	56		$	192,274
Reserve for impaired loans	$	3,687		$	-		$	1,896		$	1,659		$	-		$	7,242
Reserve for non-impaired loans	$	62,908		$	16,360		$	97,113		$	8,595		$	56		$	185,032
Reserve for off-balance sheet credit commitments	$	747		$	617		$	104		$	35		$	2		$	1,505
2013 Beginning Balance	$	66,101		$	23,017		$	82,473		$	11,703		$	28		$	183,322
Provision/(credit) for possible credit losses		1,079			(10,282	)		6,645			728			(10	)		(1,840	)
Charge-offs		(4,380	)		-			(3,031	)		(606	)		-			(8,017	)
Recoveries		1,579			1,020			3,591			67			11			6,268
Net (charge-offs)/recoveries		(2,801	)		1,020			560			(539	)		11			(1,749	)
June 30, 2013 Ending Balance	$	64,379		$	13,755		$	89,678		$	11,892		$	29		$	179,733
Reserve for impaired loans	$	1,568		$	4,995		$	5,342		$	874		$	-		$	12,779
Reserve for non-impaired loans	$	62,811		$	8,760		$	84,336		$	11,018		$	29		$	166,954
Reserve for off-balance sheet credit commitments	$	924		$	273		$	1,972		$	33		$	1		$	3,203

Impairment Method [Member]

Note 7 - Loans (Tables) [Line Items]

Impaired Financing Receivables [Table Text Block]

			Real Estate		Commercial		Residential
	Commercial		Construction		Mortgage		Mortgage Loans		Installment and
	Loans		Loans		Loans		and Equity Lines		Other Loans		Total
	(In thousands)
June 30, 2013
Loans individually evaluated for impairment
Allowance	$	1,568	$	4,995	$	5,342	$	874	$	-	$	12,779
Balance	$	20,263	$	35,288	$	137,970	$	17,556	$	-	$	211,077
Loans collectively evaluated for impairment
Allowance	$	62,811	$	8,760	$	84,336	$	11,018	$	29	$	166,954
Balance	$	2,190,498	$	118,375	$	3,771,589	$	1,389,991	$	12,843	$	7,483,296
Total allowance	$	64,379	$	13,755	$	89,678	$	11,892	$	29	$	179,733
Total balance	$	2,210,761	$	153,663	$	3,909,559	$	1,407,547	$	12,843	$	7,694,373
December 31, 2012
Loans individually evaluated for impairment
Allowance	$	1,467	$	8,158	$	1,336	$	1,222	$	-	$	12,183
Balance	$	23,922	$	42,133	$	165,885	$	16,657	$	-	$	248,597
Loans collectively evaluated for impairment
Allowance	$	64,634	$	14,859	$	81,137	$	10,481	$	28	$	171,139
Balance	$	2,103,185	$	138,817	$	3,602,567	$	1,323,425	$	12,556	$	7,180,550
Total allowance	$	66,101	$	23,017	$	82,473	$	11,703	$	28	$	183,322
Total balance	$	2,127,107	$	180,950	$	3,768,452	$	1,340,082	$	12,556	$	7,429,147